Behaviors of a Lean Leader. 1  Obtaining results. 2  Ensuring that how the results are achieved is the most effective utilization of all resources, in the direction of the ideal state. 3  Improving how the organization accomplishes results.
AFUDC is an accounting practice whereby the costs of debt and equity funds used to finance plant construction are credited on the statement of income and charged to construction in progress on the balance sheet. If a project under construction is delayed for an extended period of time, AFUDC may be stopped.
The Earned Income Tax Credit (EITC) is a federal tax credit for low-and moderate-income working people that encourages and rewards work and offsets federal payroll and income taxes. The amount of the EITC depends on a recipient's income, marital status, and number of children. As the figure below shows, the credit rises with earned income until reaching a maximum level and then gradually phases out at higher income levels. The EITC is refundable, meaning that if it exceeds a low-wage worker's income tax liability, the IRS will refund the balance.